Question

Write main objectives of IDRA Act, 1951

Answer 1

The Industries Development and Regulation Act of India (1951)!

The Industries (Development and Regulation) Act, (IDRA), came into force from 8th May 1952 under a notification of the Central Government published in the Gazette of India.

The Act extends to whole of India including the state of Jammu & Kashmir with a view to being under Central and regulation of a number of important industries, the activities of which affect the country as a whole and the development of which must be governed by economic factors of all India importance.

Objectives of the Act:

The Important objectives are,

(i) To Implement the Industrial Policy:

The Act provides the necessary means to the Central Government in order to implement its industrial policy.

(ii) Regulation and Development of Important Industries:

The Act brings under the control of the Central Government the development and regulation of a number of important industries listed m the first schedule attached to the Act as the activities of such industries will affect the country as a w о e and, therefore, the development of such important industries must be governed by the economic factors of all India importance.

(iii) Planning and Future Development of New Undertakings:

A system of licensing is introduced under the Act to regulate planning and future development of new undertaking on sound and balance lines and may be deemed expedient in the opinion of the Central Government.

The Act confers on the Central Government power to make rules for the registration of existing undertakings for regulating he production and development of the industries specified in the schedule attached to the Act The Ac a so provided for the constitution of the Central Advisory Council and Development Council.

Answer 2

Answer:

There are four objectives of the IDRA Act, 1951.  

Explanation:

In this question, we have to determine the objectives of the IDRA Act, 1951. The IDRA Act stands for Industrial Development and Regulation Act. The objectives of the IDRA is as follows:

1. To Implement Industrial Policy: The first and the main objective of the IDRA is to implement the industrial policy according to the orders received from the central government.

2. Industrial Development: The next objective of the IDRA is to work towards the development of the industries.

3. Regulate Industries: The next objective of the IDRA is to regulate all the industries in a proper way. It make rules and guidelines for all industries and all the industries follow these rules.

4. To check the result: The final objective of the IDRA is to check the result of the actions taken by the government and took necessary steps on the basis of the results.

Hence, these are the objectives of the IDRA Act, 1951.

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